Cryptocurrencies have increased in popularity in recent years. Consequently, blockchains have also been the target of cybercriminals. Cryptos, like Bitcoin, use security keys to protect currency with unique corresponding sets of letters and numbers. Despite these measures, bad actors are increasingly using cryptocurrencies to steal information and collect ransom. Before purchasing a coin, make sure it’s legitimate. Vet the source of the currency before purchase. Most importantly, be wary of newer trading platforms that may be exchanging illegitimate cryptos, like One Coin. Fake currencies are tricking unsuspecting users into shelling out thousands of dollars to hackers.
02.24.22
